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US House Proposes Bill to Ban Cryptocurrency Mixers for Two Years


Led by Sean Casten and supported by fellow Democrats, the proposed bill seeks to enact a two-year ban on cryptocurrency mixers. This would mark a significant step towards addressing anonymity concerns and potential misuse in the digital currency realm. The post US House Proposes Bill to...

S&P Global Says US Stablecoin Adoption Could Soar Following New Rules


S&P Global said the recent change in rules involving the Lummis-Gillibrand Payment Stablecoin Act could see U.S. stablecoin adoption soar as the regulatory framework could bolster confidence. The post S&P Global Says US Stablecoin Adoption Could Soar Following New Rules appeared first...

US Court of Appeals Reverses Lower Court’s Ruling in Favor of Binance


The United States Court of Appeals has reversed a lower court’s ruling dismissing U.S.-based users’ damages claim against Binance. Aggrieved users will once again attempt to prove that their claims do not constitute an “impermissible extraterritorial application” of U.S....

Blockchain Basics Act Introduced in Ohio, South Carolina, and Mississippi


The Blockchain Basics Act, a series of regulations aimed at safeguarding people’s cryptocurrency rights at a state level, has been introduced in three more U.S. states: Ohio, South Carolina, and Mississippi. With this move, similar cryptocurrency regulation has been introduced in seven states...

Congressman Rand Paul Reintroduces ‘Audit the Fed’ Bill


Congressman Rand Paul reintroduced the Federal Reserve Transparency Act, also known as the “Audit the Fed” Bill, as a standalone piece of regulation into the U.S. Senate. The bill seeks to take the lid off what Paul considers to be the “entirely unknown inner workings”...

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